OUT OF MIND
Would you like to react to this message? Create an account in a few clicks or log in to continue.
Latest topics
» EPISODE 3 LINK
China Banking Camel In U.S. Tent? EmptyYesterday at 11:09 pm by PurpleSkyz

» German Chemist Dr. Andreas Noack Makes Bombshell Video Now Reported Dead
China Banking Camel In U.S. Tent? EmptyYesterday at 11:02 am by PurpleSkyz

» Concerns raised over Pentagon's new UFO office
China Banking Camel In U.S. Tent? EmptyYesterday at 10:57 am by PurpleSkyz

» Maximum Global Bombshell: Judge Orders Pfizer, FDA to Release Documents – First Doc Dump Says Thousands Killed by Shot in the First Month!
China Banking Camel In U.S. Tent? EmptyYesterday at 10:53 am by PurpleSkyz

» After Licensing Board Threatens Disciplinary Action, Maine Physician Asks Board to Define COVID ‘Misinformation’
China Banking Camel In U.S. Tent? EmptyYesterday at 10:48 am by PurpleSkyz

» Monoclonal Antibody 35B5 Info
China Banking Camel In U.S. Tent? EmptyYesterday at 10:39 am by PurpleSkyz

» It Begins: Biden to Announce Mandatory Quarantines for Americans, Even Fully Vaxxed, Punishable by “Fines and Penalties”
China Banking Camel In U.S. Tent? EmptyYesterday at 10:24 am by PurpleSkyz

» OMICRON - It's a 1963 Italian film
China Banking Camel In U.S. Tent? EmptyYesterday at 10:18 am by PurpleSkyz

» In first, doctors implant 3D printed eyeball in UK man
China Banking Camel In U.S. Tent? EmptyYesterday at 2:05 am by PurpleSkyz

» Food As Medicine - Full Movie - Free
China Banking Camel In U.S. Tent? EmptyYesterday at 2:01 am by PurpleSkyz

» Space Force general says US satellites are attacked on a daily basis
China Banking Camel In U.S. Tent? EmptyYesterday at 1:54 am by PurpleSkyz

» The Phenomenon of Mass Formation
China Banking Camel In U.S. Tent? EmptyYesterday at 1:47 am by PurpleSkyz

» Study: Face masks DO harm children’s development
China Banking Camel In U.S. Tent? EmptyYesterday at 1:42 am by PurpleSkyz

» As Jizlaine Maxwell Trial Opens – FAA Accidentally Reveals Over 700 Previous Unknown Jeffrey Epstein Flights plus More Sordid Details Coming out
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 1:59 pm by PurpleSkyz

» Why are Police Officers Refusing the Vax?
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 12:00 pm by PurpleSkyz

» UFO NEWS ~ UFO hovering the Amazon jungles of Brazil plus MORE
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 11:36 am by PurpleSkyz

» 'UFO death riddle' cop was hounded by 'government agent'
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 11:28 am by PurpleSkyz

» Resisting COVID Tyranny
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 11:24 am by PurpleSkyz

» SACRED GEOMETRY: Leonardo da Vinci & The New Biology
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 11:14 am by PurpleSkyz

» Good People Doing Good Things — Youth
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 11:07 am by PurpleSkyz

» Senior Cardiologist Warns Study Linking COVID Vaccines To Massive Increase In Heart Attacks Is Being Totally Ignored
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 10:59 am by PurpleSkyz

» Researchers Create Self-Replicating Living Robots
China Banking Camel In U.S. Tent? EmptyWed Dec 01, 2021 10:53 am by PurpleSkyz





Holistic Alternative
Health Care
by Bridgette Lyn Dolgoff

CONTACT HERE TO SCHEDULE ONLINE SESSIONS
www.https://coe-llc.com

NEW ETSY SHOP FEATURING HERBAL SALVES

NOW MAKING A MEDICATED OIL FOR PEOPLE WHO HAVE PCR DAMAGE
www.https://coe-llc.com










Sway on Out Of Mind:
Sway's Website:
josuemercadoproductions.tk
Buy Me A Coffee:
PayPal:www.paypal.me/swaymerk CashApp:

You are not connected. Please login or register

OUT OF MIND » THE INSANITY OF REALITY » GOVERNMENT & THE NEW WORLD ORDER » China Banking Camel In U.S. Tent?

China Banking Camel In U.S. Tent?

Go down  Message [Page 1 of 1]

1China Banking Camel In U.S. Tent? Empty China Banking Camel In U.S. Tent? Fri May 11, 2012 7:22 pm

godsfool713

godsfool713


http://www.canadafreepress.com/index.php/article/46603?utm_source=CFP+Mailout&utm_campaign=81fa071459-Call_to_Champions&utm_medium=email

China Banking Camel In U.S. Tent?

- Ian R. Campbell Thursday, May 10, 2012

Why read: You should know about this - Chinese banks entry into U.S. banking could prove to be important.



A May 9 article reported that the U.S. Federal Reserve has agreed to let three Chinese government controlled banks set up U.S. branches and invest in U.S. banks. The piece references U.S. Federal Reserve statements that:

the 71% Chinese Government owned Industrial and Commercial Bank of China (China’s biggest bank with assets estimated at U.S.$2.5 trillion) will become a bank holding company;

China Investment Corporation (CIC), an investment vehicle responsible for investing the Chinese Governments foreign exchange reserves, and CIC controlled Huijin Investment will become bank holding companies;

these three Chinese entities (either individually or in some combination) will be allowed to take control of New York based Bank of East Asia;
the Federal Reserve has concurrently approved:

the Bank of China (China’s third largest bank, and 71% owned by the Chinese Government) to set up a branch in Chicago in circumstances where that bank currently has branches in Los Angeles and New York, and

the Agricultural Bank of China (China’s fourth largest bank with assets reported to be U.S.$1.85 trillion, and 83% owned by the Chinese Government) to set up a branch in New York.


The referenced article, typical of many, simply reports on these U.S. Federal Reserve decisions. It is the only article of over 2,500 overviewed in the past two days that makes mention of these decisions.

Consider the implications of these Federal Reserve decisions in the context of the proverbial ‘Camel in the Tent’. The question now is not whether the Camel is in the tent, the question is only whether, when, and over how long a period of time it will take the powerful Camel, whose head (the part it thinks with) is now in the tent, to take the tent over.

Further comments and some possible consequences:

in theory this is simply a further extension and maturation of globalization, a road the world has been on for at least twenty-five years;

not immediately, but over time if (or more likely ‘as’) Chinese banks build larger bases in the U.S., this has to impact U.S. protectionism policies with respect to tariff and trade policies;

likewise in time, this may (or more likely ‘has to’) impact U.S. based asset protectionism in the context of Chinese investment in U.S. based assets it considers strategic to it;

as a minimum this U.S. Federal Reserve decision is from China’s perspective ‘chicken soup’ – it might help but it can’t hurt;

at an extreme this U.S. Federal Reserve decision signals a further shift in world economic power;

remember the golden rule ‘he who has the gold makes the rules’; and,

recall the old adage: ‘give him an inch and he’ll take a mile’.
What appears to be a comparative ‘passing news item’, may prove over time to be what future commentators may come to reference as a ‘land-mark’ economic event similar to President Nixon’s August 1971 declaration of a floating gold price.

This is something to think hard about, and to discuss with your investment advisors and financially astute friends.

Federal Reserve allows Chinese-controlled banks to take stakes in US banks
Source: The Telegraph (from Reuters), May 9, 2012
Reading time: 3 minutes, thinking time much longer

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum